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leaders are digging in on the big sticking point of taxes ahead of tomorrow's white house summit. chuck todd is nbc's chief white house correspondent and host of "the daily rundown." chuck, we've heard a lot from republicans. today at the bloomberg breakfast it was said that any tax measures had to be revenue positive over the long run that could be ten years out. eventually have to contribute toward deficit reduction. that is not what republican senator john cornyn was saying exactly the opposite what he said on our show yesterday that it has to be revenue neutral. how does the president hope to bridge this devoid? >> reporter: well, you know, they have an interesting tactic here. they believe and frankly behind the scenes so do house republicans believe it will be easier to sell a larger deal that has some things in it that nobody's crazy about on certain sides. whether some trims to entitlements on the democratic side or some of these revenue proposals on the republican side that if it's a large deal, $2.5 trillion to $4 trillion and maybe even $6 trillion in the out years meaning th
republicans. that would offer a big challenge to mitt romney. >> keith, why is at this moment rick perry holding out? >> i wish i could tell you what's going on inside rick perry's head. i think he's probably deciding if he's a legitimate candidate. if he can win the gop nomination. i think he is threatened by michele bachmann. i think she's sort of obviously protects the same type of people that are part of her base, part of his base. there's the question of electablity. if he wins the gop nomination, could he win the presidency? could he beat obama obama? i'm not convinced he could. >> what do you think, john, who would be the builtest threat to barack obama of three? >> i think romney would be the biggest threat. i think perry would come in second and i think that bachmann could would come in third. mitt romney has the organization out there. he has a compelling story when it comes to turn around artists. he turned around the olympics. he turned and massachusetts and turned around -- i think people want a turn around artist. perry has a story to tell about what he's done in texas as f
to ask the big oil companies to give up one dime not one dime of their $4 billion annual subsidy. they have refused to ask big corporations to give up one dime in their corporate loopholes. what we are negotiating with is a group of people who won't compromise. a group of people who have said we want the middle class to pay more taxes so that big corporations can pay less. we want seniors to lose their medicare so that big oil companies can continue to foost on their subdis. that's what the problem is. >> the case that republicans have taken a hard line on talks, at the same time democrats are taking what sounds like a hard line on entitlements. let me read a statement from leader pelosi that says we continue to oppose benefit cuts in social security and medicare. these pillars should not be used a as piggy bank to subsidize tax cuts for the wealthy. are democrats not just as guilty of failing to compromise as republicans are in this case? >> no, absolutely not. what we have said and i think most americans would agree with this is the middle class and seniors should not be asked
a serious big-time compromise. have the tea partiers handed him a huge advantage? has he won the reasonable middle? could barack obama win next year even with a 9.2% jobless rate? it would be tough, but some smart politicos say not impossible. finally, righter than you know. is michelle bachmann too right or just right? with the republican party, which moved right with goldwater, right again with reagan in 1980, and with newt in 1994, be right there for the lady from minnesota? has the hatred of obama made her the perfect champion for a year of attack? i'm chris matthews. welcome to the show. with us today, "the washington post," bob woodward, the national journalist, jamie tarabay, abc's andrea mitchell and "the chicago tribune"'s clarence page. the nasty unemployment numbers are a psychological problem for the country and a huge political burden for this president. has the tea party's flirtation with default on the national debt handed barack obama a huge win, while the vast middle of the country, the middle that decides elections, see the president as the grownup? take a look at poll num
rchts good wepz, everybody. i'm contessa brewer covering the big news coast to coast. the big story right now the phone hacking scandal in great britain reaches the highest echelons of government. with prime minister david cameron facing cheers and jeers in an uncommon emergency session of the house of commons. >> i have an old fashioned view about innocent until proven guilty. >> prime minister david cameron addressing the house of commons. >> if it turns out andy coulson knew about the hacking at the news of the world he will not only have lied to me, but he would have lied to the police, to a select committee torque the press complaints commission, and of course, perjured himself in a court of law. >> former news of the world ed tore andy coulson was until january cameron's communications director. >> with 20/20 hindsight and all that has followed i would not have offered him the job and i expect that he wouldn't have taken it. >> coulson was arrested this month suspected of corruption in the u.s. voice mail hacking and police bribery scandal. >> you live and you learn and believ
>>> good day. i'm in for con tesz ya brewer. we're covering the big news from coast to coast. the hot topic is just that. we're talking about the sorching summer heat. >> beautiful weather out there if you love heat and humidity. today will be the hottest and most humid day of the summer. >> today? >> look at the numbers. right up into the triple digits. >> dallas has been baking in 100 degree temperatures for ten straight days. >> horrible. horrible. >> near hudson, texas, it's not the heat or the humidity, that's the drought. >> oouf never seen it like this. >> across the south temperatures are soaring and water levels are sinning. it's so bad a south georgia man is sharing the water from his pool. >> we're carrying buckets of water back and forth to the neighbors. >> in the midwest oppressive heat claimed one life. a man found dead inside his mobile home on sunday, the air conditioner wasn't working. >> this is oppressive and dangerous heat affecting more than 20 states and more than 90 million people. >> there are heat advisories or warnings in 24 of the 48 lower states.
toward a vote next week. the president says he still wants a big deal. but for the first time he's opening the door on senator mitch mcconnell's fall back plan which is gaining momentum on capitol hill. chuck todd was in the briefing room for the news conference. host of "the daily rundown" and luke russert. there was a movement from the president at least towards considering the mcconnell backup plan. what are the chances he still might get what he really wants which is a bigger deal? >> to me -- in a way put together to try to get through this. what you felt was the press conference was about was trying to frame the post game debate, if you will. you heard this from the speaker. suddenly they're back to distancing themselves from the debt ceiling. let's get to the debt ceiling part. we're running out of time on that. maybe there's still time to negotiate this grand bargain. that's sort of what i heard out of this. the president will sign anything that gets to his desk that seems to get through both houses of congress at this point. and then after that, maybe there's a conversat
like to say as well just how sorry i am. >> my big question today, will one of the murdochs take the fall for the phone hacking scandal? of course you can reach me on facebook and twitter. to answer that question, let's bring in a reporter for "the washington post" style section. it's good to see you today, paul. what do you think? do you think that we're going to see either rupert or james take the fall? >> at this point barring any other revelations that's a big if i don't think so. the murdoch family controls about 40% of news corp. it has the board pretty much in its pocket. unlikely that they will be forced to resign as a result of this. in the absence of anything else happening. >> his board of directors whose responsibility has been to shareholders has been rather meek and silence on this scandal. now you have a director, tom perkins telling "the wall street journal" that rupert's a genius that and that the board thinks it needs him. how crucial is rupert to the future success of the company? >> well, rupert murdoch built news corp. from a single newspaper in australia in
that she could catch fire. look, when you start this thing, when you win iowa, if you win iowa big, that thing starts rolling through new hampshire and south carolina, it's over in weeks. i agree 100%. >> how was she going in philadelphia suburbs? how is she going to do in the i-4 corridor and in wisconsin? how is she going to do in new mexico, arizona? i would suggest, with swing voters not well at all. >> there's no doubt if you nominate michele bachmann, it's an enormous risk. the only conditions, i think, under which i believe she could win the presidency, if people say, if they did in 1980, i don't care, i'm taking a chance with this guy because what we got we can't stand, you get 9% or 10% unemployment, two more years, this country is ready for a lot of change. more "morning joe" in a moment. with the hotels.com 48-hour sale, the possibilities are endless. interesting... save up to 50% this tuesday and wednesday only. hotels.com. be smart. book smart.  finally, there's a choice for my patients with an irregular heartbeat called atrial fibrillation, or afib, that's not cause
to comment until you see some specifics. i think that the bottom line is in terms of an overall deal, the big holdup here is the fact that republicans have kept revenues off the table completely, even eric cantor yesterday, people said well, it's a great thing he says maybe he'll do a few of these egregious loopholes in the law, corporate jets and yachts and stuff like this, but even there, he had another loophole put in the law and none of the money that would be -- that comes from closing these loopholes would be used to reduce the deficit. so it's one step forward, two steps back. if republicans are willing to entertain serious revenues, there's a real chance for a big deal. if they're not, there's no chance for a big deal and i can tell you this. democrats are not going to go for something that says we have all these cuts that we'll put in the budget now and maybe we'll get revenues down the road, the ways and means committee or the finance committee will decide those down the road. leader reid issued a statement that i think sums up our view, that there has to be balance between cuts and
backed bill included big spending cuts, a cap on spending and a constitutional amendment. >> it's a correct approach. this is fundamentally a spending problem. >> it passed in the house earlier this house. >> this vote the yeas are the 34. >> today majority leader harry reid grudgingly scheduled a senate vote. it failed just as he predicted. >> this is a very, very bad piece of legislation. >> today's vote could clear the way for one of several compromise deals. >> we all know mr. president there are talks going on between president obama and speaker boehner. >> this was a bit of hope yesterday when "the new york times" reported a possible deal between president obama and house speaker boehner. both sides quickly denied it. >> there is no deal. we are not close to a deal. >> there is no deal. no deal publicly, no deal privately. there is absolutely no deal. >> but he didn't say they're not talking about it. >> we've got to keep the lines of communication open. we talked about fall back options if in fact cut, cap and balance does go down. i do think that it's our obligation to h
't answer. i don't know. >> reporter: at one point, murdoch claimed his company is too big for him to know the details of each business. >> "news of the world" say small percent of our company and i'm employing 30,000 people around the world and i'm spread watching and appointing people in my trust. >> reporter: james defended executives rebekah brooks who resigned last friday. both led british newspaper's arm. >> there's no evidence that i'm away of that ms. brooks or mr. hinton or any of those executives, had knowledge of that. nonetheless, those resignations have been accepted. >> reporter: later in the day, brooks faced questions by herself from the same panel. she was arrested on sunday over allegations of phone hacking and payments to police for information. she, too, denies any knowledge of wrongdoing. >> i have never paid a policeman myself. >> reporter: but for the murdochs today's questioning was about salvaging news corp.'s reputation, a business rupert brought up with one paper. >> i was brought up by a father who was not rich but a great journalist. before he died, it was a sm
we all know the country needs which is the big deal. $4 trillion of deficit reduction to get our debt going down to put america on a stronger fiscal foundation going forward. that's really what's required. i believe it's still achievable. but we've got to change a little bit about how we talk about these things on both sides. >> you said at this point you think the president is right to threat tn veto. what if it's august 1st at midnight and approaching august 2nd, the markets are clamoring, would you still say that a short-term extension and continued talks are not the best option? >> you're a very good reporter. you pick up on nuance, don't you? >> we try. >> i don't want to bargain against my position. so i think it's critically important that the president continue to push for what we all know the country really needs. it's incumbent on both sides, on both sides to come together and do what's right for america. >> chairman conrad thank you very much. good to see you. >> good to see you. >> the big question looming over all of this and the debt talks is what will happen if a deal i
? >> quite a big one, contessa. we can report that earlier this morning the house call center the communication arm of the house in charge of all the house telephones sent out an email to members saying quote, due to the high volume of external calls to the house telephone circuits they are near capacity. some members should be receiving busy signals. several house websites crashed specifically that of speaker of the house john boehner. the question is whether or not it will transfer into some sort of change of what the status quo is right now and that really is both sides digging in quite rigidly on their plans. democrats supporting harry reid's plan the $2.7 trillion cut across the board. republicans in favor of john boehner's plan, with an extension of the debt limit. that's where both sides are still very much. >> kristen, let's talk with you about where the white house goes from here. can they capitalize on this? the people are willing to go online -- i had trouble getting on the house website today maybe not correlated to how buzzy things are, certainly with the house ph
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there will be a resolution if they stretch it out, and there is a big treasury action scheduled for august 4th, and if that were not to be sold or if the interest rates on it would have to go appreciably higher that could trigger a sell-off and another problem as well, but whether it is august 2nd, 3rd, 4th, there is a resolution of this, because the al terntives are just really too dire to conceive. >> thank you, andrea mitchell, for joining us. >>> and the man of evil, and did he really act alone? while energy developement comes with some risk, north america's natural gas producers are committed to safely and responsibly providing decades of cleaner burning energy for our country, drilling thousands of feet below fresh water sources within self contained well systems and using state of the art monitoring technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment we are america's natural gas. [ male announcer ] get ready for the left lane. the volkswagen autobahn for all event is back. right now, get a great deal on new volkswagen mo
Search Results 0 to 25 of about 26 (some duplicates have been removed)

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